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tv   Bloomberg Markets  Bloomberg  March 25, 2016 10:00am-11:01am EDT

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the week that tested the metal of the -- -- of the candidates vying to be commander-in-chief. several made their case on this program. on tuesday we sat down with donald trump. the next day, we caught up with senator ted cruz as he campaigned in new york city. >> we look back with donald trump.
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i was called by a friend. he set a terrible thing happened in brussels. i have been saying brussels has been a mess with what has been going on. i saw what was going on and it is deplorable. giving a pep about talk. when you talk about these issues , you talk about them in negative ways. you say the terrorists are winning. are winning.ey they are shutting down the world. we are were -- we are worried about laws and we cannot waterboard. they are chopping off heads and drowning people in steel cages. what you were president, would you say about winning the war? mr. trump: i would be very optimistic and tough on terror. much tougher than what we are right now.
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we are not playing on the same field. no laws. they kill people, they don't talk about it. they don't worry about the law. we do something a little harsh and that soldier or whoever loses his pension and loses his life. the samet playing by rules. they are playing dirty stuff. we can't do anything. waterboarding, nothing nice about it, but it is a minimal form. we have to go tougher. it is eating up the world. the world is weak and ineffective. what is happening in germany is unbelievable. what is happening in a small part of sweden is unbelievable. a lot of people are saying donald trump was right. you know that and i know that. i don't want to be right about it. i want to be wrong about it. senator cruz thought we
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should have police patrols. you said you thought that was a good idea. you were behind it. on our show.rocker it would portray the united states as being indiscriminately presidents against muslims. how do you respond to the view about it. i am ok.p: we have to be vigilant. in new york city, we have the strongest police department. if you talk about vigilance, we were watching closer than anybody else and it was an amazing group. they caught people in terms of stopping the attacks. it was ended by a mayor who is mostly incompetent, the blog zero -- deblasio. we have to be vigilant, we have to look.
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there is a problem. >> you are not responding to the substance. saying crocker is wrong? that isis would take it as a victory? mr. trump: he is wrong. we have to be tougher and much more vigilance. what is ancareer, analogy for the kind of decision you have had to make in your career previously that was the closest thing to the kind of decision a president has to make when he decides to send american forces into combat? you're talking about lives, potentially thousands of lives. we are going to be weak and ineffective. i have watched president obama cuba with nobody to greet him. i thought that was terrible.
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i watched him at a press conference yesterday. a baby,d like he was castro was the boss. i watched them at a baseball game in cuba while people, body parts are laying over a place with threats to us and everybody else. i am watching him sitting in the sun watching a baseball game. it looks so bad. he could have left cuba and said this was an emergency. he should be in washington, in the white house. it looks so bad. decisions the toughest you have made in your career? michele: i do multi--- mr. trump: i do multi-billion-dollar deals. vast amounts of debt to do large transactions. it takes courage. have taken deals that should have not have worked out and i have made them good deals.
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it wasn't pretty, but i have made them good deals. the market is great and in the market turns bad. i'm very tough on banks. i make them turn out. i do that often. it very often, things don't work out the way you think they are going to work out. of a great sign business person, a great deal maker. things change. it is how you do in the bad times, not how do you do in the good times. theou have talked about border and isis. these are short-term issues. if you were president, this notion of being optimistic, you talked about being at war in the west, what is the plan long-term to make the relationship better? to respectthey have us. they do not respect us at all. they don't respect a lot of things happening throughout our country. tot angela merkel has done
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germany is an outrage. i know german people here all the time. people who love germany and people tell me two years ago, they were saying it is the greatest country on earth and now they are going to leave germany. the first thing you have to do is get them to respect the west and respect us. this has been going on for a long time. i tell the story about general pershing, where there were problems, where they had radical islamic terrorism in the philippines and it is a well-known story. a huge problem with the terrorism having to do with islam or having to do with radical islam. he was unbelievably harsh. problem forhave a
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28 years. people and the islamic world respect the west more? mr. trump: i don't think you can do anything or will be successful unless they respect you. >> let's talk about nato. maybe the u.s. should have a different role. that nato might need a different type of mission. people say america needs to be the leader of nato. do you agree? we are paying for a lot of nato and it is helping them more than it is helping us. what about the country surrounding ukraine? they don't say anything. we are the one that wants to go to world war iii with russia over ukraine. we put up a lot of the money for a lot of countries.
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we defend south korea, saudi arabia, we defend germany. we put up a lot of money and people wonder why we own $19 trillion. we put up a lot of money. everyone sees it as many times higher. it is not for us. it is because we are defending everybody else. we are defending the whole world. up a long time ago. we were a richer nation then. we had power and far more than we have today in a true sense. nato, you have to examine nato. it does not help us. it helps other countries. i don't think those other countries appreciate what we are doing. you may 2 slightly different arguments. one is that the u.s. will pay less money into nato. mr. trump: definitely.
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isit is possible that nato obsolete. mr. trump: i would look at it. the one thing definitely, we are paying too much. as to whether or not it is obsolete, i will make that determination. >> up next, more of our interview with donald trump and using nuclear weapons against islamic state. ♪
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i would be late compared to my opponents that are running. people don't realize, a lot of people like to say he was for the war. i was against the iraq war. fairness, i have been a great businessman. by the time it started, there's plenty of articles from that time, i was very much against
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it. will be such a bad president. she doesn't have the strength or stamina to be a good president. i'm supposed to be the ones saying oh he would use it. i would be the last to use it. nuclear weapons against isis. in the process of using nuclear weapons against isis. mr. trump: i would not want to tell you that. at a minimum, i want them to think maybe we would use it. it is the worst thing when we do these interviews with everybody and you ask a question like that and everybody comes in and they are honest. we need unpredictability. we have enemies. isis is an enemy not wearing a uniform. we don't know who the enemy is. in the old days, we would have
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uniforms. it was called a war. we do not know who these people are. we need unpredictability. question like that, it is a sad thing to have to answer it. the enemy is watching. i have a good chance of winning. i don't want the enemy to know how i am thinking. i don't rule out anyway -- don't rule out anything. >> have there been circumstances, provocations where you would have considered using nuclear weapons? for instance, after 9/11? no.trump: we went after the wrong country. taken out the taliban if we wanted to. i would say definitely nuclear weapons are a last reserve.
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i understand the power of nuclear weapons. 30 years ago, he told me about the power of weaponry. it is so devastating. i would say absolutely as a last resort. that doesn't mean we shouldn't be prepared and our equipment should not be prepared. abouthed 60 minutes from a year ago where they should have never put this on. the administration should have never allowed it. they showed these nuclear weapons that are not in a state of preparedness. i would never want to use them. we have to be prepared. they have to be perfect. you are thinking about national security more than ever before.
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where are the areas you need to learn more? trump: i have a good instinct. mark: i am not asking about instincts. is there no area where you think you need to know more? trump: i want to know more about everything in every little area and every little corner. i think that i have good instincts. i said take the oil. four years ago. we should not have been in iraq. now that you are leaving, iran is going to take the oil. people don't realize iraq has the second largest oil reserves in the world. they have really good oil. i said take the oil. has the oil? an ishas the oil and ir going to have the oil. >> the president of the united states, would you think of yourself as a leader of the free world? mr. trump: i would. i would not spend trillions of dollars on nationbuilding and the days of nation-building are over.
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>> do you think america is the most powerful nation on earth? mr. trump: weapons are changing and power of weaponry is incredible. if we were not talking about the power of weapons, i would have said, if you go in, making mistake, go out. you cannot let this happen with the weapons produced today. >> you talk about losing to isis and they make us look soft. trump: isis. the president always says isil. everyone else says isis. it is all most like he is doing something to bother people. the president always says isil. everyone else says isis. i think he does it to bother people. >> when people are talking about the most powerful nation on earth, they are talking economics and everything. mr. trump: people are catching
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up. i think china is catching up. i think russia is catching up. if you look at our budgets, we have cut way back on the military. we have a military that needs help. the equipment is old. i have a friend whose son has spent quite a bit of time over in iraq and afghanistan. our weapons are not as good as the enemy because they take the weapons as we give them to people. we give them to people who we think are fighting for us. a bullet is shot in the air and they run and the enemy takes the weapons. he is disheartened to see the enemy has better weapons. >> national security is a big issue. let's say there is a general election between the two of you. she was the secretary of state. mr. trump: she did a bad job. look at the job she did. >> you are a businessman and the host of a tv show. how do you win that argument? mr. trump: i am more confident and much smarter than she is.
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i think i am much more competent than she is. i think she is weekend i have said it before, i do not think she has the strength or stamina to be a good president. at 3:00 in the morning, i think she is sleeping and she does not wake up. that has been proven. when you look at hillary with that phony ad she did, the 3:00 she did, sheg ad never woke up. the phone call got made hundreds of times and they were calling and calling and she took blumenthal's call. she did not take the call from the people. she was sleeping. >> do you think there was anything she did as secretary that was good? mr. trump: she did a lot of traveling. i think she worked hard. she was always on airplanes. going back and forth. she lied and said that she was attack and she came under attack. she was landing someplace.
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it turned out to be a total fraud. we hear from his most formidable opponent, ted cruz on why he thinks he can stop the donald next. ♪
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>> eu are now the candidate of mitt romney and jeb bush. how did that happen? we have been endorsed by jeb bush, mitt romney, mike lee, mark live in. that is about as broad a spectrum as you can get. the reason is simple. 65% to 70% of republicans have recognized donald trump is not the candidate to go up against hillary clinton.
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what we are seeing as republicans coming together, that is what it is going to take to be donald for the nomination and hillary in november. >> some people are less interested in voting for you as using you as a vehicle to stop donald trump. object here is to win. if we keep going, we have had seven years under obama. seven years of stagnation and misery. seven years of weakness and appeasement. >> politics is not static. if you look at a snapshot of where we are, it is not clear based on polling that you are a stronger candidate. it shows hillary
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beats donald. it shows i beat hillary. last week, there was a general election poll in utah. it showed hillary beating donald trump in utah. conservative utah. if the republican nominee cannot carry utah, you are looking at a landslide defeat. is one of the reason so many republicans across the spectrum are uniting behind our campaign. >> politics is rough and this has been a tough fight. are involved now. i was surprised how quickly that escalated. a group reacted and then you reacted. is this personal or is it politics? te whenever donald feels
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scared, whenever he is afraid of what happens, whenever bad news breaks for him, his reaction is try to and scream and bully people and threaten people. last night was a bad night for donald trump. we were hoping in utah to break 50%. 50%, but webreak had a landslide three. nearly 70% of the vote in utah. donald is scared and unhappy. wife, she is my best friend. if donald wants a character fight, he ought to stick with me. heidi is out of his league. >> du you expect he will keep it up?
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senator cruz says heidi is not remotely scared of donald trump. someone yelling and screaming and insulting her is not remotely frightening to heidi. about nato. what is the role of nato in a ?ed cruz administration : his foreign-policy is bizarre. does know is wrong. what he has been advocating is weakness, withdraw from the .orld with respect to israel, he says he will be neutral between
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israel and the palestinians. to nato, he advocated withdrawing from nato. that is a terrible idea and it is striking that the day after he called for that, we saw a tragic attack in brussels. we should not withdraw. we should be strengthening the alliance with europe and israel and, if donald trump had his way, if america withdrew, we would hand a massive victory to vladimir putin and isis. the idea that donald trump wants the presidency to begin with preemptive surrender, that is weakness and it is striking that donald trump's foreign policy is to the left of barack obama and hillary clinton. they are not arguing withdrawing from nato. yet don't know the seems unable to distinguish our friends from
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our enemies. aipac speech may. reposition him. sen. cruz: he said many times that he would be neutral. the fat p read a speech someone wrote for him off by teleprompter that attended to reflectingisrael is -- anyone who cannot distance between israel, between the forces that protect innocent civilians and islamic terrorists that seek to murder us, that raises questions about their fitness and judgment to be commander in chief. isneed a president who prepared to do whatever is necessary to defeat islamic terrorists. and his lack of understanding of radical islamic terrorism is every bit as evident with regard to iran, where he says he will
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keep in place this catastrophic iranian nuclear deal and just renegotiated. anyone who thinks this is not a real estate deal. the ayatollah has pledged death to america and means it. one of the simplest differences between donald trump and me, day one as president, i will ripped to shreds this iranian nuclear deal. the threat of a nuclear iran is the biggest threat to america. both donald trump and hillary clinton would keep this deal in place, because other one acknowledges or understand how dangerous the ayatollah is. >> we go back to nato. spent a lot of money on nato. they did not seem to be fighting isis. where is the threat from russia today that nader is preventing?
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what is the role of nato now? sen. cruz: nato has been the most effective military alliance of modern times. it stood up to the soviet union in the cold war. the idea that russia does not pose a threat -- russia is invading its neighbors. it invaded ukraine, is threatening the baltics. alliance.strategic it should be a vehicle for going after isis. if we had american leadership -- and it does not work without american leadership. if we had american leadership, nato could play a critical role in utterly destroying isis. donald's approaches to withdraw and hide and hopefully the bad guys will leave us behind. president obama try that. a president and commander in chief that will
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utterly destroy isis. >> last question. you had this proposed notion of police surveillance of muslim neighborhoods. can you name a neighborhood where that would be applicable and what would you tell a young muslim child seeing this increase scrutiny? yesterday in brussels, we saw a horrific terror attack. our hearts are with those who were murdered and injured. this was not a lone wolf. this is part of a global jihad being waged by radical islamists. so -- ocrats are they will not say the word everyal islamist," and time we see a terrorist attack,
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president obama goes on national television and lectures the american people on islamophobia. enough is enough. we need a commander in chief who recognizes his number one responsibility is to keep america safe. that is what i will do. when it comes to stopping radical islamic terrorists, you nationalse every security tool available to defeat it. we are in new york now. new york had in place a very to worke program cooperatively with the muslim community to monitor and prevent radicalization and preevent fromic terror attacks occurring before they happened. unfortunately, mayor de blasio came into office -- every bit of -- every bit captive to clinical correctness as president obama -- and they disbanded the program. the police are here to protect us. reject the view
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of democrats that police are the bad guys. people are fed up with this notion -- every time there is an incidence, barack obama or hillary clinton, or bill de -- io side with the leaders the looters or thugs rather than with the men and women in blue. there was a moment when the nypd turned their backs on bill de blasio, which spoke for the whole country. when you have police in a community that protects the community and keeps it safe, and we need to stop pretending radical islam exists and keep working to keep the country safe. >> thank you. sen. cruz: utah was fantastic and i'm looking forward to wisconsin. coming up, the political
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implications of the brussels bombings, next. ♪
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>> here now to talk about the implications of today's terror attacks in brussels was the u.s. pakistan, to iraq, kuwait, and lebanon. he is currently the dean of texas a&m university. what can you -- that it did not do in the wake of the paris terror attacks. two issues. the quality and coronation of u.s. intelligence and security services. they are, by and large, far behind where we were on 9/11.
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light years ind both our capabilities and our coronation systems. the europeans have to improve both the quality and coordination of their security services and intelligence s.rvice such aond thing that is difference between the u.s. and europe is that we integrate people in this country. mullenbach,ve a that's essentially an arab and muslim ghetto. our openness, the way successive waves of immigrants are brought into american society and truly find their place here sets us apart from belgium, from france, even from britain. as we respond to what happened
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, tragically, in brussels, the worst thing we could do would be to give away our greatest strengths, and that is our open society that makes everyone in america feel part of this great country. >> ambassador, you said in terms of dealing with domestic terror, the european union is further behind where the united states was on 9/11. there have been a lot of things , including 9/11 that have , happened in the world that i would have thought alerted people to the notion that they needed to get more with the program. what accounts for europe's laxity in this area? that, withit may be the exception, say, of the train bombings in spain, the europeans have not had anything on the scale of a 9/11. i do not want to generalize here.
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some european countries do remarkably well on intelligence and security. i would cite sweden as an example. but it may be that they just felt this was something that could only happen over here and not over there. we are frankly kind of complacent. after what we have seen now, paris in november and now this, it is way past time for the europeans to shake themselves awake. and i hope we are making a major effort to engage them now that we have had this new tragedy . that we are going to be stepping forward, to be proactive and offering to the europeans some of the things we have learned in the 15 years since 9/11. mark: what are the metrics you used to say whether that is happening. whether the united states is trying to step up to help europe
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with this problem? amb. crocker: i think it will be clearer, both by announcements from washington and european capitals. i'm quite sure we have had this on offer before. the urgency has never been greater. so i hope that we will, again, not wait for an invitation but offering to share with our european allies -- again, we are part of a nato alliance. nato was not constructed to deal with terror, but it is a security alliance. this clearly falls within its mandate. john: ambassador crocker, you talked about integration versus segregation in terms of how different the united states is and how it has dealt with its muslim population and how it is dealt with in europe. today, senator cruz's adjusted we start police patrols in
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muslim communities in the united states. is that a useful or constructive suggestion? amb. crocker: i absolutely do not. this is precisely what islam and would like us to do. to present an image of a country that is suspicious of people simply because they are muslims or arabs. that plays right into their hand and allows them to hold out an muslim populations the unites it is fundamentally anti-arab and anti-islamic. we obviously need to be doing everything we can to ensure our security, but we don't need to be taking steps that will harm our security. i understand the fears. that is why terrorists practice terror, so they can frighten people into doing things that are ultimately counterproductive for their own society. we just need to be sure we do not fall into that trap.
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mark: ambassador crocker, thank you for joining us. we appreciate it. our journalists responsible for the -- for donald trump? we get a take on that, next. ♪
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>> in his very first new york about the he wrote presidential coverage of all trumps campaign. thanks for being with us. the luminousrump's coverage is his doing and how much is it the media acting on its own? >> my favorite quote was that i-8 do these her tweets and they could be totally insignificant and they break into the news. it is not all his doing. it is sin viruses. >> if trump continues to get
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coverage like this, the you think that would be a huge advantage in the general election? a lot of people make the argument -- and i am sure we would all agree -- that not all of the coverage is positive. do you remember in 2004 when the war was being discussed a lot? they are would say talking about the war and is not going well, and they would say as long as we are talking about the war, we are winning. as long as we talk about trump, he is winning. >> first, great debut. reading your column, you pointed out that fox, and chuck todd of nbc, said no more of this special treatment were you get to phone in. then i watched george stephanopoulos, who let him trump.n, and he slammed
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will the others cave-in now? thoseaybe george decides guys are not going to take him on the phone, i will. i will get a spike in the ratings. >> as you know, a phone interview for a subject is a lot easier than an in person interview. trump almost always does well. jim: my impression is that he steamrolled as the interviewer. they cannot get a break in. my bigger problem is that the traditional public affairs shows, the sunday broadcast shows, were based on here is the candidate. at the advent of television. i would not sure why they would abdicate that responsibility. something they built privately over decades. >> we have seen in past
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campaigns, some candidates get more and better coverage than others. this seems on a scale unlike we have ever seen. jim: i have never seen anything like it. i think about the upshot the new york times presented, putting -- i know you guys have talked about it, but almost $2 billion in free media coverage for donald trump compared to hillary clinton. -- i think itthat is a disadvantage for mrs. clinton. bernie sanders was away lower. and ted cruz was way lower. started this call him. there will be a temptation to keep writing about donald trump. jim: i am trying to think about what to do about that. i am, saying everyone is giving trump all of this coverage, and here i am writing about it. there is a hall of mirrors factor.
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this is what i was trying to be careful with today. he is a giant story. course, we will have to all over this and explore it for months to come, if not years, if he wins the presidency. many years ago after joe mccarthy, there were postmortems devastating for the press. after this election, in a generic sense, are we going to look bad? i do not thinkd, anyone can say it has been good. i think so far, so bad. or mostly bad or very bad. here is what i wonder. you mentioned that chuck todd said he will not take donald trump on the phone anymore. cnn said we will not be roped in to doing a donald trump qvc-
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style press conference. maybe there will be a giant change. it has to happen soon. i hope there is it correction for all of our sakes. tois better for donald trump have a different coverage and it is better for democracy to have better coverage. the other thing i mentioned, new, aso me is kind of i have been try to get back in touch with the media industries, people are afraid. they need those ratings. it is kind of an up for grab moment in the digital age. donald trump is coming in at a perfect time. rutenberg stepping into big shoes. off to a great start. ♪
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was really a momentous
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week in the 2016 race. thanks for watching this addition of "with all due best of. see you monday. ♪
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david: welcome to "bloomberg businessweek." in this week's issue, twitter turns 10 years old. we have an exclusive interview with the ceo. trying tore developer revolutionize giving. all that and more in this issue of "bloomberg businessweek." ♪ let's meet the editor, ellen pollock, the editor of "bloomberg businessweek." she joins us now. the first piece in your global economic session


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